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About This Home
This 10-bedroom, 5-bathroom residential multi family at 523 Avenue G in Redondo Beach, CA is listed for $3,199,999 ($624 per sqft). Built in 1958, the home offers 5,130 sqft of living space on a 0.15 acres lot.
Location! Location! Location! Welcome to 523 Avenue G, a rare generational offering located in one of the most desirable enclaves of South Redondo Beach. Available for the first time in over 50 years, this pride-of-ownership property provides strong in-place income with meaningful rental upside potential.
Built in 1958, the property has been meticulously maintained and thoughtfully improved, preserving its classic charm while ensuring modern reliability. Recent upgrades include a new roof, upgraded electrical panels and completed termite treatment with clearance, allowing a new owner to step into a property with major expenses already addressed.
Additional tenant amenities include washer & dryer hookups, covered garage parking for each unit plus an additional uncovered parking space per unit - a competitive advantage in this supply-constrained beach submarket. With a Walk Score of 82, this property is conveniently located just minutes away from the Hollywood Riviera shops & restaurants as well as one of the nicest beaches in Southern California.
Award winning Schools such as St Lawrence, Tulita Elementary and Riviera Hall also round out this amazing location. This offering is well-suited for investors seeking stable cash flow, long-term appreciation potential and operational upside through rental repositioning. 523 Avenue G is a rare and valuable amenity in a fabulous beachside community.
Key Features
- Built in 1958
- 0.15 acre lot
- 2 stories
- 10 parking spaces
Property Details
Monthly Cost Estimate
$17,114/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
523 Avenue G
Redondo Beach, CA 90277
Features & Amenities
Exterior Features
Property Details
Flooring
Parking
Appliances
Questions & Answers
This 10-bedroom, 5-bathroom residential multi family at 523 Avenue G is listed at $3,199,999 ($624/sqft). The estimated monthly payment is $13,867 based on 20% down at 6.5% interest.
Key features include: Built in 1958, 0.15 acre lot, 2 stories, 10 parking spaces. Exterior Features: Fence, Community Features Included: Gutters, Curbs.
This property is listed by Dallas Brock and can be reached at 3105281548 or dallasbrock13@yahoo.com.
